Commodities (Crude Oil & Copper) & Macro Outlook

According to CoinDesk, Terry Duffy, CEO of CME Group, threatened to sue the CFTC on June 20, arguing the regulator may have violated the Dodd-Frank Act by classifying perpetual contracts as futures instead of swaps. The dispute centers on how the CFTC categorizes cryptocurrency derivatives trading i

According to INTERFAX, Russia will levy an 8% export tariff on diamonds starting September 1.

According to Qatar-based scholar Abdulla Banndar Al Eltaibi, Iran is adopting a "weekend strategy" to avoid market reaction and maximize pressure on the U.S. and mediators (June 21). He stated Iran is using the Strait of Hormuz as leverage to secure a Lebanon ceasefire arrangement in exchange for re

According to Khatam al-Anbiya Central Headquarters, Iran's military operational command announced on June 20 that it would close the Strait of Hormuz, a strategic waterway handling 20% of global oil traffic, as a retaliatory measure after alleging the U.S. breached a ceasefire memorandum signed

Franklin Templeton plans hybrid funds using stock dividends for Bitcoin exposure up to 20% allocation limits. Crypto ETF flows shifted from strong inflows to sustained outflows during recent market sessions. Institutional product innovation continues expanding Bitcoin access through

According to Indian Shipping Minister Sarbabandu Sonowal, three Indian-flagged oil tankers—Desh Vaibhav, Desh Vibhor, and Sanmar Herald—safely transited the Strait of Hormuz on Saturday (June 21). The vessels collectively carry over 860,000 tons of petroleum and have 94 Indian crew members aboard, S

According to Guru Club, Iran's Foreign Ministry denied on June 19 that the Strait of Hormuz has been closed.

According to Fox News, U.S. presidential envoys Whitcoff and Kushner have arrived at the negotiation venue, with talks potentially scheduled for Sunday. According to Iran's Mehr News Agency, Iran's Supreme Joint Military Command stated that the Strait of Hormuz will be closed to shipping due to

According to Tasnim News Agency, Iran claimed on June 20 that the Strait of Hormuz has been closed.

Following the U.S. and Iran's agreement this week to reopen the Strait of Hormuz, the Australian government announced it will cut its temporary fuel tax relief in half. The subsidy, which has provided a AUD 0.32 per liter (approximately USD 0.22) reduction on petrol and diesel since March, will be r

According to Iraq's State Organization for Petroleum Marketing (SOMO) head Ali Nizar, two vessels are currently loading crude oil at the country's southern ports, but more ships must enter the Strait of Hormuz to sustain further production increases, Iraq 24 TV

According to Bloomberg, Iraq's state oil company has ordered five major oil fields to raise production above 3 million barrels per day following the US-Iran agreement aimed at reopening the Strait of Hormuz. A June 19 document shows Basra Oil Company directed operators of the Rumaila, West

Ventuals (vHYPE) announced on June 15 that it was shutting down. The platform offered trading of private-company stocks such as OpenAI and Anthropic on Hyperliquid (HYPE), a decentralized exchange offering high-leverage perpetuals trading of cryptocurrencies, commodities, and tokenized stocks. The t

According to Jin10, on June 20, prices for laptops and personal computers rose significantly in recent weeks, with some models climbing over 20% since the year began. Gaming laptops, high-performance ultrabooks, and creative workstations all posted price increases ranging from several hundred to ove

According to Jake Chervinsky, CEO of Hyperliquid Policy Center, CME's lawsuit against CFTC on June 20 represents a "startling miscalculation" and exposes the exchange as an "anti-competitive monopolist" resisting competition. CFTC Chair Mike Selig stated that "entrenched interests fear the future,

According to the World Bank, the natural gas price index rose 24% in March, with Asia's LNG benchmark price surging approximately 94% and Europe's benchmark price increasing 59%.

According to Guru Club, Zimbabwe's energy regulator announced on June 20 that it will reduce gasoline prices by 5%, from $2.08 per liter to $1.98 per liter. Diesel prices will decline from $2.09 per liter to $1.99 per liter.

Israeli Prime Minister Benjamin Netanyahu highlighted Somaliland's resource potential and strategic location as complementary to Israel's innovation and technology leadership. Netanyahu cited undeveloped reserves of rare earth minerals, oil, and natural gas in Somaliland, and described the two

According to MarketWatch, on June 17, President Trump signed a U.S.-Iran memorandum of understanding establishing a framework for peace. The agreement includes an immediate ceasefire, reopening of Hormuz Strait oil shipping routes, lifting of U.S. naval blockades on Iran, and a 60-day window for

According to the World Bank, natural gas prices rose 24% in March. Regional benchmarks showed more pronounced increases, with Asia's LNG benchmark price surging approximately 94% and Europe's benchmark